Taxpayers will now have an extra two years to make additional payments to their National Insurance (NI) contributions to increase state pension entitlements
The pursuit of rugby star Lawrence Dallaglio by HMRC over unpaid taxes has thrown back into the spotlight the controversial methods deployed by the state when seeking to recover monies owed, warns Steve Thomas, partner at Excello Law
The three-month closure of HMRC’s self assessment helpline underlines the resourcing problems at HMRC and will be a ‘massive inconvenience’ for taxpayers
HMRC is planning to close the self assessment tax helpline for three months over the summer to focus call centre resources on dealing with other problem calls
The Financial Conduct Authority (FCA) has fined ED&F Man Capital Markets (MCM) £17,219,300 for abuse of withholding tax rules related to cum-ex trading
In this week’s Q&A, Stephen Fletcher explains the inheritance and capital gains tax implications when disposing of enterprise investment scheme (EIS) shares after holder dies
HMRC has confirmed that from tax year 2023 to 2024 onwards, the self assessment threshold for taxpayers taxed through PAYE only, will change from £100,000 to £150,000